$BTC
Bias:
๐ Mid-Term: Bullish
๐ Short-Term: Bullish
Market Update
On the H1 timeframe, Bitcoin successfully flipped its previous resistance and filled the Fair Value Gap (FVG) between $97,336 and $96,562.
๐ However, a new FVG has emerged between $94,161 and $93,527, which could act as a target for future retracement.
Main Interest Levels Broken
โฌ๏ธ Short Entry: $94,477
โฌ๏ธ Long Entry: $94,966
Predicted Daily Range: $90,926 - $99,661
Action Plan
๐ A bull flag pattern has formed on the H1 timeframe, with horizontal support between $94,966 and $94,477.
๐ Confirmed a bullish continuation and drive prices higher.
โ ๏ธ Important Reminder:
Set your entry and take profit orders to lock in gains and manage risks.
Volatility Alert: The market may experience increased fluctuations; ensure tight risk management is in place.
Stay disciplined and trade smart!